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20121120
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$250,000. >> republicans under speaker boehner are saying, look, that's not going to happen. where is the wiggle room? how would you advise the president, the republicans to come up with something that's workable? >> well, you know, some sg is going to happen anyway, suzanne. if they don't reach agreement before the end of the year. those tax rates are going to go up, and the question is how long can the republicans in congress hold out once that happens, and they're going to be held responsible. there was a poll out yesterday that showed people will blame the congressional republicans for going off the fiscal cliff. people decide they had agreed with the president. the president has leverage. after the first of the year he is going to have more help in the senate, more help in the house, and he will have automatically higher tax rates, so the question will be will the republicans in the house and senate vote to lower the rates for the middle class because they will have gone up. one way or the other it will be resolved. that $3,500 tax on families, it's not going to happen. the qu
. >> time to get the job done. >> speaker boehner told republican members they would have to avoid nasty fights and according to "the new york times" they seemed to listen. the word don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. when a number of tax cuts expire, meaning the average family will pay $3,700 a year. and severe cuts to defense and government spending will be triggered. the sticking point on avoiding the cliff, taxes. the president campaigned on and won, on letting tax cuts for the rich expire. a leading republican said no. >> no republican will vote for higher tax rates. we will generate revenue from eliminating deductions and loopholes. >> reporter: if that sound like the argument we heard. you are right. democrats appear emboldened that rates for the rich rise. are we headed for the cliff? >> if the republicans will not agree with that, we will reach a pin the at the end of this year, where all of the tax cuts expire, and we'll start over next year. >> reporter: friday, congressional leaders come here to the was to
speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medi
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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